BTIM’s Rochussen departs for UK boutique role
Senior BT Investment Management (BTIM) executive, Gavin Rochussen, is to leave the group to invest in a UK boutique asset management firm and become its chief executive.
BTIM announced that Rochussen, who is currently group executive international, had resigned and would take up the UK CEO role after the expiry of his six month notice period.
Confirming the departure, BTIM chief executive, Emilio Gonzalez said Rochussen had made an exceptional contribution to the business.
Gonzalez said he would assume Rochussen's remit while the company undertook a full assessment of internal and external candidates for the group executive international role.
The BTIM announcement said Rochussen's resignation was effective immediately and he would be on gardening leave during his notice period but available to assist with any transitional matters as required.
It said he had agreed to a five year non-solicit period with respect to J O Hambro Capital Management investment staff inclusive of his six-month notice period.
Recommended for you
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.
The corporate regulator has named its new chief executive, who is set to replace retiring interim CEO Greg Yanco in March.
Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.
The Financial Services Council has appointed Justine Earl-Smith as executive director for commercial partnerships and growth, a newly created role for the organisation.
